Following a period of choppy trading in the crypto markets, it now appears that the bulls have at least temporarily gained the upper hand over bears, causing multiple altcoins to surge. Ethereum is one altcoin that is performing quite well today, primarily because of its upcoming Constantinople fork.

Although today’s positive price action in the altcoin markets is certainly a welcome development, Bitcoin has still been unable to break above $4,000, which could mean that further losses are right around the corner.